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Except that the timing of those don't line up. Money supply increasing leads inflation, there are almost no instances of CPI increase leading inflation. [edit t
by jrexilius 5y ago
Except that the timing of those don't line up. Money supply increasing leads inflation, there are almost no instances of CPI increase leading inflation. [edit to add:] (except one very small blip at the beginning of recovery from the great depression)
- dragonwriter 5y ago> there are almost no instances of CPI increase leading inflation CPI increase defines inflation, I think you mean monetary expansion, not inflation.
- jrexilius 5y agoYeah, typoed that. Thanks for pointing it out.